Write the MC function if the total cost function is TC = 100 + 120q + q^2

Q: Find total fixed cost if total cost is $2000 and the total variable cost is $1500

A: The given information is as follows:- Total cost = $2000 Total variable cost = $1500 The formula for…

Q: Total cost is $320 and the fixed cost is $100 Calculate variable cost

A: The data presented in the question about is:- Total cost = $320  Fixed cost = $100 Variable cost is…

Q: Find the total cost if the fixed cost are 1300 and the variable cost are 1200

A: The monetary worth of goods and services purchased by producers and consumers is referred to as cost…

Q: K Drilling of an oil well has a fixed cost of $40,000 and a marginal cost of M'(x) = 5000+56x…

A: Marginal cost is the change in variable cost incurred to produce an additional unit of good.

Q: For the long- run total cost function LTC (Q) = Q2 + 10 Sketch ATC, AVC, AFC, and MC.

A: Firm theory investigates the arrangement, composition, and conduct of businesses within economic…

Q: TC 400+ 150Q -3Q2 +0.02Q3 400 Based on this equation, find total fixed cost calculate total fix cost

A: The cost is defined as the expenditure that a firm or business has to bear on producing a good or…

Q: For the following problem, what would be the objective function that aims at minimizing the total…

A: Given,

Q: do fast i will 10 upvotes.

A: The objective of the question is to find the cost function associated with the given production…

Q: For the given cost function C(x) = 78400 + 200x + x², First, find the average cost function. Use it…

A: Average cost is the per unit cost of production  Average cost = C/Q  Where C is the total cost  Q is…

Q: Find the total cost if the fixed cost is $13 and the variable cost is $16

A: Actually in the given question, Fixed cost is = $13 Variable cost is given as = $16 Total cost = ?

Q: Calculate the average cost when the total cost for the production of 3 units is $75

A: # Average cost is given as the ratio of total cost and the total quantity produces. That it:- AC =…